Representation matters in all facets of life whether it be in regards to youth seeking mentorship, in the realm of entertainment, or in the workplace. A diverse group of people is more likely to come together and curate a useful product for all of society to be able to use and feel embraced.
Unfortunately, as Nike's stock has taken a dive in recent history and the resignation of Nike President, Trevor Edwards, due to inappropriate workplace behavior involving harassment and lewd acts, Nike is looking for ways to save face and revamp their brand in the midst of this current turbulent period.
Let it be known, Nike was birthed not too long ago in 1971 and has skyrocketed to prominence with the release of elite performance sneakers and the calculated
…show more content…
In the message directed to Nike staff, Matheson wrote the following,
"While we’ve spoken about this many times, and tried different ways to achieve change, we have failed to gain traction—and our hiring and promotion decisions are not changing senior-level representation as quickly as we have wanted... [We must] representation of women and people of color."
In 2017, Nike had approximately 74,700 employees globally with about an equal number of men and women representatives company-wide but, only 29% of the workforce VP's happen to be women. With more women in power, Nike's shift in marketing towards women would become a focal point as they are major consumers in our economy thus adding to their overall annual gross income.
With so many headlines coming out about inappropriate work environments and unrepresented people in the workforce, it's a good look for Nike to make this a focal point moving forward. With more people of color, women, and diverse executives, Nike could possibly see an influx of sales, athletes, and celebrities wanting to work with the
In a society where the sports marketing industry predominantly targeted men, Nike sought to go against the status quo and empower young girls to encourage them to participate in sports. Nike identifies the social issues of gender inequality by attacking the stereotype that young girls should not be encouraged to engage in physical in sports. The campaign identifies that young women will have a greater self-esteem and self-confidence if involved in sports.
In an increasingly competitive market with strong rivals such as Reebok, Adidas, Nike’s latest strategy is offering consumers the shoes they desire. This is done by providing customers with the option of designing their own shoes. At Nikeid.c...
"Getting and spending" has eclipsed family, ethnicity, even religion as a defining matrix. That doesn't mean that those other defining systems have disappeared, but that an increasing number of young people around the world will give more of their loyalty to Nike than to creeds of blood, race, or belief. This is not entirely a bad thing, since a lust for upscale branding isn't likely to drive many people to war, but it is, to say the least, far from inspiring.
Nike is a worldwide known business that many people around the globe are attracted to purchase. They make a variety of products ranging from shoes and clothes to sports gear, sports products, and many different accessories. Nike is designed for everyone ranging from infants to elderly. Because of their range of age for products, this makes them a huge competitor. Being able to appeal to all ages and styles of people.
Nike’s goal is to remain unique and different from others in terms of the items offered on the market. Arguably, Nike belongs to a monopolistically competitive market as there only a few organizations with the ability to regulate the amount charged for their product which means they cannot make their prices high as this is likely to make customers move on to other available choices (Nike, Inc., 2012). However, Nike can find a balance between the prices to charge for their products and remaining competitive with other companies in the industry. Nike has formed a distinction between the appearance and performance of their footwear and that of their competitors. Although products are differentiated from other companies, they still influence each other because they are items of the same
Consumers must be aware of the changes that might occur in Nike through media and social awareness
Nike Incorporated is the number one leading sportswear and equipment provider in the world. They manufacture anything from casual clothes to sports equipment, shoes to socks, and basketballs to golf balls. As a result of its massive success, Nike employs nearly 30,000 people worldwide while manufacturing in 700 shops around the globe and has 45 offices outside the United States. Its extensive reach into the global market has Nike producing more exclusive products than any other manufacturer in the world. Nike’s headquarters is located in the metropolitan area of Portland, Oregon.
Activists charge Nike with having unsafe working conditions, treating its employees improperly, not paying its workers enough wages and forcing people to work overtime and without breaks. There have been several reported cases of abuse at Nike factories in Vietnam. One report claimed that on International Women’s Day of 1997 in Vietnam fifty-six women were forced to run around the factory grounds at Pouchen. Twelve of the women fainted and were taken to a hospital by friends.
Many global companies like Nike, Inc. are seen as role models both in the market place as well as in society in large. That is why they are expected to act responsibly in their dealings with humanity and the natural world. Nike benefits from the global sourcing opportunities, therefore areas such as production and logistics have been outsourced to partner companies in low-wage countries like China, Vietnam, Indonesia and Thailand. As a result the company is limited nowadays to its core competencies of Design and Marketing.
Phil Knight started his shoe company by selling shoes from the back of his car. As he became more successful in 1972 he branded the name Nike. In the 1980’s Nike Corporation quickly grew and established itself as a world leader in manufacturing and distributing athletic footwear and sports' attire. The Nike manufacturing model has followed is to outsource its manufacturing to developing nations in the Asia Pacific, Africa, South and Latin Americas; where labor is inexpensive. It quickly became known for its iconic “swoosh” and “Just do it” advertisements and products. Its highly successful advertising campaigns and brand developed its strong market share and consumer base. But, the road has not always been easy for Nike; in the late 1990’s they went through some challenging times when their brand become synonymous with slave wages and child labor abuses. During this period, Nike learned that it paramount that the company understands its stakeholders’ opinions and ensures their values are congruent with their stakeholders. Nike learned that their stakeholders were concerned with more than buying low cost products; their customers were also concerned with ethical and fair treatment of their workers. Because Nike was unwilling to face the ethical treatment of its employees, the company lost its loyal customers and damaged its reputation. Nike has bounced back since the late 1990’s and revived its reputation by focusing on its internal shortfalls and attacking its issues head on. Nike nearly collapsed from its missteps in the late 1990’s. They have learned from their mistakes and taken steps to quickly identify ethical issues before they become a crisis through ethics audits. This paper is based on the case study of Nike: From Sweatsh...
Initially, when Phil Knight established Nike, he insisted to have a company, which all employees can be responsible to held their own work and to be involve to make decision in their job. Phil Knight has empowered his employees to be self-directed and motivated in order to achieve their own targets. Many employees get engaged to their work and share their information, knowledge, ideas, and thoughts with their coworkers. So, that helps to build a creative atmosphere. The Work-Out way helps them to improve their communication and performance. Phil Knight focuses to make his employees to have the opportunity to contribute to the decision-making process in the organization. He trusts his employees and he believes that their contribution on the
Nike is the number one innovator in the world in athletic footwear, apparel, equipment, and accessories. This worldwide company operates in an extremely different organizational structure than other companies, such as Reebok and Adidas. Nike operates tremendous marketing strategies and develops inventive designs to inspire athletes around the world. This company is one of the largest suppliers in the world in athletic footwear and apparel, main producer of sports equipment, and making Nike the most valuable brand among sports companies. The task for Nike is to join diversity and inclusion to encourage ideas and innovation. Around the world, this company is a popular brand.
Nike Inc. has long since been a household name in the sportswear apparel industry for many years and with their success there have been some less than favorable events that can be associated with this company as well. The first alternative that has been previously mentioned is the fact that this company had been accused of “slave labor”. Nike’s sweatshop manufacturing practices which are splattered all around the social media platforms and websites also introduce readers to many articles that give information about Nike manufacturing practices. The position that this company took with it introduced its products to the world and it seems that this companies strategic trade off caused a weakness that the company had to address but it still noted
If Nike moves from here, these people will have no work.” That’s certainly a concern of Hussain Naqui, a decade long employee in Saga’s shipping department. “Their will be no more jobs without Nike. I’m especially worried about my children. ”(Monroe 110).As you can see people in Third World countries would separate their families if Nike left because the tiny amount of money that their getting paid is what keeps them all alive.
In reviewing the case of New Balance Athletic Shoe, Inc. it is clear that there are a few major problems that the company is facing. First of all, New Balance falls behind its other major competitors, Nike, Adidas and Reebok, in the area of marketing. Unlike its competitors, New Balance does not undertake celebrity endorsements. This puts them at a disadvantage when it comes to brand building. This also causes the company to lose out somewhat on gaining awareness on a global scale as it lacks endorsements in major sporting events. Most global brand names generate strong brand recognition through celebrity endorsements in sporting events that would give them the needed momentum to carry their brand name further into the global market.